Settings8H · net · $10k
Funding arb · Price arb /

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.3% APRnext payment +$0.97 per $10,000 · paid last 24h +0.093%
Price spread now: Bitget against Variational Omni+0.136%7-day average +0.161% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.103%+$10 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.136%, 7d avg +0.161%
Together, before fees+0.040%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.025% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.136% now, against its 7-day average of +0.161%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ATH0.005475−0.0095get 0.0047% / 4h3h 34m$184K$93K
ShortBitget ATHUSDT0.0054820.0100get 0.0050% / 4h3h 34m$1.5M$874K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$40.9
Price spread: +0.136% → +0.161%
−$2.45
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$26.45
Costs to cover
0.120%
Break-even
2.5 days
Slippage unknown: Variational Omni: RFQ quote, 20 min ago; Bitget: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 20 min ago6.38 bpdoesn't fit321.6 bp −$3,216doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago8.21 bp30.3 bp −$3090.5 bp −$905doesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.2150%1h0.005474−0.005%$19K$106K10xas long as short
Variational Omni ATHlong−0.0095%4h0.005475long leg$184K$93K
dYdX ATH-USD0.0000%1h0.005484+0.173%$11K$585xas long as short
Aster ATHUSDT+0.0100%4h0.005487+0.228%$4K$42K5xas long as short
Binance ATHUSDT+0.0100%4h0.005483+0.154%$3.3M$4.2M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005471−0.065%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005469−0.101%$700K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005474−0.010%$783K$587K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005483+0.154%$8.9M$645K50xas long as short
KuCoin ATHUSDTM+0.0100%4h0.005478+0.063%$553K$78K30xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ATHUSDTshort+0.0100%4h0.005482+0.136%$1.5M$874K25x
BingX ATH-USDT+0.0100%4h0.005477+0.045%$21.6Mas long as short
BloFin ATH-USDT+0.0107%4h0.005482+0.136%$165K$68K75xas long as short